SF 4932

Introduction - 94th Legislature (2025 - 2026)

Posted on 04/15/2026 03:04 p.m.

A bill for an act
relating to state government; authorizing the rounding of a payment or transfer of
cash; changing a provision in health insurance benefit plans offered in the
nonrepresented employees compensation plan and the managerial plan in chapter
43A; amending Minnesota Statutes 2025 Supplement, section 43A.23, subdivision
1; proposing coding for new law in Minnesota Statutes, chapter 16A.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

new text begin [16A.402] CASH TRANSACTION ROUNDING.
new text end

new text begin Subdivision 1. new text end

new text begin Authorization to round cash transactions. new text end

new text begin (a) Notwithstanding any
other provision of law, an agency entering into any transaction with a person that results in
a payment or transfer of cash between the parties to the transaction may round the payment
in the following manner:
new text end

new text begin (1) in any case in which the total transaction amount ends with 1 cent, 2 cents, 6 cents,
or 7 cents as the final digit, the amount of cents in the sum shall be rounded down to the
nearest amount divisible by 5;
new text end

new text begin (2) in any case in which the total transaction amount ends with 3 cents, 4 cents, 8 cents,
or 9 cents as the final digit, the amount of cents in the sum shall be rounded up to the nearest
amount divisible by 5; and
new text end

new text begin (3) notwithstanding clause (1), transactions in which the transaction total is $0.01 or
$0.02 shall be rounded up to $0.05.
new text end

new text begin (b) A party authorized to engage in a transaction on behalf of an agency may round the
payment in the manner directed by the agency consistent with this section.
new text end

new text begin (c) This section does not apply to a transaction for which payment is made by electronic
fund transfer, check, gift card, money order, credit card, or other similar instrument or
method.
new text end

new text begin Subd. 2. new text end

new text begin Policy posted. new text end

new text begin An agency that engages in cash transactions must establish a
policy for rounding cash transactions consistent with this section and post the policy at each
location where cash transactions occur.
new text end

Sec. 2.

Minnesota Statutes 2025 Supplement, section 43A.23, subdivision 1, is amended
to read:

Subdivision 1.

General.

(a) The commissioner is authorized to request proposals or to
negotiate and to enter into contracts with parties which in the judgment of the commissioner
are best qualified to provide service to the benefit plans. Contracts entered into are not
subject to the requirements of sections 16C.16 to 16C.19. The commissioner may negotiate
premium rates and coverage. The commissioner shall consider the cost of the plans,
conversion options relating to the contracts, service capabilities, character, financial position,
and reputation of the carriers, and any other factors that the commissioner deems appropriate.
Each benefit contract must be for a uniform term of at least one year, but may be made
automatically renewable from term to term in the absence of notice of termination by either
party. A carrier licensed under chapter 62A is exempt from the taxes imposed by chapter
297I on premiums paid to it by the state.

(b) All self-insured hospital and medical service products must comply with coverage
mandates, data reporting, and consumer protection requirements applicable to the licensed
carrier administering the product, had the product been insured, including chapters 62J,
62M, and 62Q. Any self-insured products that limit coverage to a network of providers or
provide different levels of coverage between network and nonnetwork providers shall comply
with section 62D.123 and geographic access standards for health maintenance organizations
adopted by the commissioner of health in rule under chapter 62D.

(c) Notwithstanding paragraph (b), a self-insured hospital and medical product offered
under sections 43A.22 to 43A.30 is required to extend dependent coverage to an eligible
employee's child to the full extent required under chapters 62A and 62L. Dependent child
coverage must, at a minimum, extend to an eligible employee's dependent child to the
limiting age as defined in section 62Q.01, subdivision 2a, disabled children to the extent
required in sections 62A.14 and 62A.141, and dependent grandchildren to the extent required
in sections 62A.042 and 62A.302.

(d) Beginning January 1, 2010, the health insurance benefit plans offered in the
nonrepresented employees compensation plan under section 43A.18, subdivision 2, and the
managerial plan under section 43A.18, subdivision 3, deleted text begin must deleted text end new text begin may new text end include an option for a
health plan that is compatible with the definition of a high-deductible health plan in section
223 of the United States Internal Revenue Code.